Beth Garrish for Okanagan Valley Wine Country real estate | 250-498-9867

   

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585 Wade Ave W, Penticton, British Columbia V2A 1V6

Baseboard Heaters

$1,000,000.00

Townhome-style fourplex investment opportunity on a quarter-acre. Close to many amenities. Stable tenants. Potential for expansion. Four-units of 1050 sq. ft. each. Each has 5 appliances, in-unit laundry, 2 large bedrooms, 2 bathrooms. Upgrades include windows, hot water tanks, fencing, exterior painting. One of the units has upgraded kitchen & bathroom cabinets, flooring, expanded second bathroom & gas fireplace. All four units have their own 930+ sq. ft. fenced yard/garden patio area including shed. Site is zoned RM2. Bonus value: spacious parking area off laneway has potential to add a second fourplex, according to city staff. Rev. at over $4000 per month, currently below market rate. Great location: steps to Events Centre, Rec Centre & elementary school. Three blocks to beach & downtown. For complete package call listing agent. Do not disturb tenants, appointments a must. 4200 sq.ft. is for whole building; room measurements are per unit. DUPLICATE LISTING#170202 - SINGLE FAMILY (id:20946)

Business

Business Type Residential, Residential
Business Sub Type Apartments, Residential

Property Details

Listing ID 170201
Amenities Near By Recreation, Public Transit, Golf Course, Shopping, Schools
Features Central Location

Building

Construction Material Wood Frame
Fireplace Present No
Heating Fuel Electric, Natural Gas
Heating Type Baseboard Heaters
Utility Power Single Phase
Utility Water Municipal Water

Land

Access Type Highway Access, Easy Access
Acreage No
Land Amenities Recreation, Public Transit, Golf Course, Shopping, Schools
Sewer Municipal Sewage System

http://www.icx.ca/PropertyDetails.aspx?PropertyId=18948383

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